How to Make It

Step 1

In a very large, lightly oiled bowl, toss the popped corn with the corn cereal and peanuts.

Step 2

In a large saucepan, combine the sugar with the corn syrup, butter, water, vanilla bean and seeds. Cook over moderately high heat, stirring occasionally, until the syrup registers 295° (hard-crack stage) on a candy thermometer, about 18 minutes. Stir in the salt and chipotle powder.